Indo Operating Income vs Income Tax Expense Analysis

INDORAMA

39.87 0.18 0.45%

Indo Rama financial indicator trend analysis is infinitely more than just investigating Indo Rama Synthetics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indo Rama Synthetics is a good investment. Please check the relationship between Indo Rama Operating Income and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indo Rama Synthetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Operating Income vs Income Tax Expense

Operating Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indo Rama Synthetics Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Indo Rama's Operating Income and Income Tax Expense is -0.07. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Indo Rama Synthetics, assuming nothing else is changed. The correlation between historical values of Indo Rama's Operating Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Indo Rama Synthetics are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., Indo Rama's Operating Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Indo Rama Synthetics operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Indo Rama Synthetics is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Tax Expense

Most indicators from Indo Rama's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indo Rama Synthetics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indo Rama Synthetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

As of the 30th of December 2024, Selling General Administrative is likely to drop to about 163 M. In addition to that, Discontinued Operations is likely to grow to about (10.1 M)

	2021	2022	2023	2024 (projected)
Interest Expense	489.4M	585.8M	1.3B	692.2M
Depreciation And Amortization	312.6M	313.4M	391M	371.5M

Interest Expense Depreciation And Amortization

Indo Rama fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Current Deferred Revenue
Total Assets		0.49	0.15	0.73	0.37	0.63	0.47	0.04	0.55	0.37	0.86	0.26	0.39	-0.44	0.43	0.28	0.49	0.82	0.45	0.15	0.88	0.85	0.35	0.42	0.26	-0.31
Short Long Term Debt Total	0.49		0.07	0.56	-0.17	0.32	1.0	-0.34	0.28	0.15	0.45	0.02	0.24	-0.3	0.39	0.03	0.44	0.51	0.29	0.3	0.79	0.56	0.93	0.39	-0.09	-0.32
Other Current Liab	0.15	0.07		0.1	0.03	0.23	0.06	0.06	-0.09	0.22	0.2	-0.4	-0.07	-0.2	-0.13	-0.14	0.12	0.07	0.18	-0.27	0.15	0.07	0.04	-0.1	0.35	0.08
Total Current Liabilities	0.73	0.56	0.1		-0.22	0.12	0.56	-0.5	0.84	0.06	0.4	-0.03	0.26	0.07	0.7	0.19	-0.09	0.66	0.79	-0.04	0.87	0.86	0.54	0.71	-0.29	0.0
Total Stockholder Equity	0.37	-0.17	0.03	-0.22		0.65	-0.2	0.81	-0.16	0.49	0.55	0.52	0.23	-0.48	-0.43	0.14	0.43	0.21	-0.23	-0.03	-0.01	0.09	-0.2	-0.48	0.62	-0.52
Property Plant And Equipment Net	0.63	0.32	0.23	0.12	0.65		0.28	0.63	-0.22	0.59	0.91	0.35	0.16	-0.85	-0.32	-0.02	0.65	0.22	0.0	-0.11	0.41	0.19	0.3	-0.35	0.53	-0.65
Net Debt	0.47	1.0	0.06	0.56	-0.2	0.28		-0.37	0.29	0.08	0.42	0.01	0.21	-0.28	0.41	0.02	0.42	0.51	0.26	0.32	0.78	0.55	0.93	0.41	-0.09	-0.32
Retained Earnings	0.04	-0.34	0.06	-0.5	0.81	0.63	-0.37		-0.58	0.38	0.42	0.23	0.05	-0.55	-0.81	0.01	0.3	-0.29	-0.42	-0.15	-0.35	-0.39	-0.29	-0.83	0.56	-0.45
Accounts Payable	0.55	0.28	-0.09	0.84	-0.16	-0.22	0.29	-0.58		0.0	0.07	0.07	0.36	0.4	0.78	0.35	-0.26	0.7	0.73	0.05	0.64	0.86	0.22	0.78	-0.4	0.2
Cash	0.37	0.15	0.22	0.06	0.49	0.59	0.08	0.38	0.0		0.45	0.25	0.4	-0.34	-0.25	0.13	0.34	0.09	0.36	-0.3	0.22	0.21	0.06	-0.28	-0.01	-0.11
Non Current Assets Total	0.86	0.45	0.2	0.4	0.55	0.91	0.42	0.42	0.07	0.45		0.24	0.25	-0.78	-0.01	0.11	0.68	0.51	0.13	0.07	0.67	0.48	0.38	-0.03	0.5	-0.57
Non Currrent Assets Other	0.26	0.02	-0.4	-0.03	0.52	0.35	0.01	0.23	0.07	0.25	0.24		0.05	-0.18	0.12	-0.04	0.24	0.28	-0.11	0.19	0.1	0.22	0.0	0.04	0.22	-0.49
Cash And Short Term Investments	0.39	0.24	-0.07	0.26	0.23	0.16	0.21	0.05	0.36	0.4	0.25	0.05		-0.19	0.07	0.94	0.22	0.34	0.32	0.11	0.35	0.44	0.04	0.07	-0.12	0.18
Net Receivables	-0.44	-0.3	-0.2	0.07	-0.48	-0.85	-0.28	-0.55	0.4	-0.34	-0.78	-0.18	-0.19		0.36	-0.09	-0.76	-0.13	0.34	-0.02	-0.29	-0.01	-0.26	0.38	-0.58	0.66
Common Stock Shares Outstanding	0.43	0.39	-0.13	0.7	-0.43	-0.32	0.41	-0.81	0.78	-0.25	-0.01	0.12	0.07	0.36		0.11	-0.01	0.72	0.45	0.42	0.63	0.75	0.24	1.0	-0.28	0.24
Short Term Investments	0.28	0.03	-0.14	0.19	0.14	-0.02	0.02	0.01	0.35	0.13	0.11	-0.04	0.94	-0.09	0.11		0.1	0.29	0.21	0.17	0.21	0.34	-0.16	0.11	-0.08	0.3
Non Current Liabilities Total	0.49	0.44	0.12	-0.09	0.43	0.65	0.42	0.3	-0.26	0.34	0.68	0.24	0.22	-0.76	-0.01	0.1		0.45	-0.35	0.5	0.41	0.23	0.21	-0.03	0.6	-0.42
Inventory	0.82	0.51	0.07	0.66	0.21	0.22	0.51	-0.29	0.7	0.09	0.51	0.28	0.34	-0.13	0.72	0.29	0.45		0.3	0.48	0.82	0.92	0.3	0.71	0.2	-0.17
Other Current Assets	0.45	0.29	0.18	0.79	-0.23	0.0	0.26	-0.42	0.73	0.36	0.13	-0.11	0.32	0.34	0.45	0.21	-0.35	0.3		-0.36	0.54	0.62	0.28	0.45	-0.49	0.37
Other Stockholder Equity	0.15	0.3	-0.27	-0.04	-0.03	-0.11	0.32	-0.15	0.05	-0.3	0.07	0.19	0.11	-0.02	0.42	0.17	0.5	0.48	-0.36		0.21	0.22	0.05	0.41	0.22	-0.03
Total Liab	0.88	0.79	0.15	0.87	-0.01	0.41	0.78	-0.35	0.64	0.22	0.67	0.1	0.35	-0.29	0.63	0.21	0.41	0.82	0.54	0.21		0.9	0.67	0.63	0.0	-0.23
Total Current Assets	0.85	0.56	0.07	0.86	0.09	0.19	0.55	-0.39	0.86	0.21	0.48	0.22	0.44	-0.01	0.75	0.34	0.23	0.92	0.62	0.22	0.9		0.41	0.74	-0.06	-0.07
Short Term Debt	0.35	0.93	0.04	0.54	-0.2	0.3	0.93	-0.29	0.22	0.06	0.38	0.0	0.04	-0.26	0.24	-0.16	0.21	0.3	0.28	0.05	0.67	0.41		0.25	-0.17	-0.44
Common Stock	0.42	0.39	-0.1	0.71	-0.48	-0.35	0.41	-0.83	0.78	-0.28	-0.03	0.04	0.07	0.38	1.0	0.11	-0.03	0.71	0.45	0.41	0.63	0.74	0.25		-0.29	0.28
Intangible Assets	0.26	-0.09	0.35	-0.29	0.62	0.53	-0.09	0.56	-0.4	-0.01	0.5	0.22	-0.12	-0.58	-0.28	-0.08	0.6	0.2	-0.49	0.22	0.0	-0.06	-0.17	-0.29		-0.39
Current Deferred Revenue	-0.31	-0.32	0.08	0.0	-0.52	-0.65	-0.32	-0.45	0.2	-0.11	-0.57	-0.49	0.18	0.66	0.24	0.3	-0.42	-0.17	0.37	-0.03	-0.23	-0.07	-0.44	0.28	-0.39

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Indo Rama Account Relationship Matchups

Indo Rama fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.8B	17.1B	21.1B	27.1B	29.1B	16.6B
Short Long Term Debt Total	4.9B	4.0B	3.5B	8.9B	13.4B	14.1B
Other Current Liab	827.7M	571M	740.6M	882.2M	970.9M	912.3M
Total Current Liabilities	9.1B	11.0B	12.7B	15.6B	21.1B	10.8B
Total Stockholder Equity	2.2B	3.3B	6.0B	5.7B	3.7B	4.2B
Property Plant And Equipment Net	7.1B	7.0B	7.4B	11.1B	13.3B	9.6B
Net Debt	4.8B	3.9B	3.5B	8.3B	13.2B	13.8B
Retained Earnings	(5.7B)	(4.5B)	(1.8B)	(2.1B)	(3.5B)	(3.3B)
Accounts Payable	5.5B	8.7B	10.2B	11.1B	10.6B	6.6B
Cash	125.7M	24.4M	35.1M	560.4M	236.6M	278.1M
Non Current Assets Total	8.5B	9.5B	10.7B	14.2B	16.3B	10.6B
Non Currrent Assets Other	420.2M	359.5M	704.7M	508.7M	416.9M	356.3M
Cash And Short Term Investments	222.9M	79.1M	99.2M	3.5B	572.2M	932.7M
Net Receivables	3.3B	3.2B	4.0B	1.6B	1.6B	2.3B
Short Term Investments	97.2M	54.7M	64.1M	3.0B	57.1M	54.2M
Liabilities And Stockholders Equity	14.8B	17.1B	21.1B	27.1B	29.1B	16.6B
Non Current Liabilities Total	3.5B	2.8B	2.4B	5.8B	4.3B	4.5B
Inventory	2.5B	4.0B	5.4B	6.4B	5.9B	3.7B
Other Current Assets	2.8B	2.4B	2.8B	4.2B	4.7B	2.5B
Other Stockholder Equity	2.4B	2.3B	4.5B	5.2B	5.2B	4.4B
Total Liab	12.6B	13.8B	15.1B	21.4B	25.4B	17.0B
Total Current Assets	6.3B	7.7B	10.4B	13.0B	12.8B	8.1B
Accumulated Other Comprehensive Income	(4.0B)	761.1M	740.1M	710.2M	117.7M	123.6M
Short Term Debt	1.7B	1.5B	1.6B	3.1B	9.5B	10.0B
Current Deferred Revenue	1.9B	797.1M	900M	1.3B	144.9M	137.7M
Other Liab	275.3M	315.4M	370.6M	420.4M	378.4M	496.1M
Net Tangible Assets	2.2B	3.3B	6.0B	5.7B	5.2B	3.7B
Other Assets	1.4B	2.5B	3.3B	2.6B	3.0B	1.8B
Long Term Debt	3.1B	2.3B	1.7B	5.6B	3.7B	2.6B
Short Long Term Debt	1.6B	711.8M	1.5B	3.1B	9.5B	10.0B
Property Plant Equipment	7.1B	7.0B	7.4B	11.1B	10.0B	7.3B
Long Term Debt Total	3.2B	2.5B	2.0B	5.8B	6.7B	7.0B
Net Invested Capital	6.9B	6.4B	9.2B	14.4B	16.8B	11.0B
Net Working Capital	(2.8B)	(3.4B)	(2.3B)	(2.6B)	(8.3B)	(7.9B)

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Other Information on Investing in Indo Stock

Balance Sheet is a snapshot of the financial position of Indo Rama Synthetics at a specified time, usually calculated after every quarter, six months, or one year. Indo Rama Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Indo Rama and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Indo currently owns. An asset can also be divided into two categories, current and non-current.

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Indo Operating Income vs Income Tax Expense Analysis

Operating Income vs Income Tax Expense

Operating Income vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Operating Income

Income Tax Expense

Indo Rama fundamental ratios Correlations

Indo Rama Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Indo Rama fundamental ratios Accounts

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Other Information on Investing in Indo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Common Stock Shares Outstanding
Short Term Investments	+ 0.94	Cash And Short Term Investments
Short Term Debt	+ 0.93	Short Long Term Debt Total
Short Term Debt	+ 0.93	Net Debt
Total Current Assets	+ 0.92	Inventory

Net Receivables	- 0.85	Property Plant And Equipment Net
Common Stock	- 0.83	Retained Earnings
Common Stock Shares Outstanding	- 0.81	Retained Earnings
Net Receivables	- 0.78	Non Current Assets Total
Non Current Liabilities Total	- 0.76	Net Receivables
Current Deferred Revenue	- 0.65	Property Plant And Equipment Net